Financial Markets Newsletter

Stocks finished on a good note this week as a key technical level was recaptured in the S&P 500 (2,600). See below: We are not out of the woods yet but the technicals over the last few weeks are undeniably favorable to calling the Christmas low a bottom. It may not feel like a bottom […]

The Fed governors were out and about this week making speeches and back pedaling their December attempt to spit in the face of a collapsing stock market by raising interest rates. In other words, the Fed has blinked and there is no better evidence than the minutes from their December meeting that were released on […]

The stock market found a place to bottom this week – no real news event happened just an exhaustion point for sellers. What happens next with the chart patterns will be significant as one more new low will lay the beginnings of a trend change and a bear market for the global stock market. If […]

Another brutal ending this week for the stock market. The ECB had their meeting on Thursday and the Fed has their next release this coming Wednesday. The central banks around the globe are converging on policy as they try and unwind their massive balance sheets accumulated over the last several years through their quantitative easing […]

So much for all that good news surrounding the G-20 meeting and the Jerome Powell speech on being “near neutral” as the stock market got a surprise when the bond market signaled a warning sign that we haven’t seen since 2007. An inversion occurred in the Treasury market where 5YR yields dipped below 2YR yields. […]

Chairman of the Federal Reserve, Jerome Powell, gave a speech last Wednesday where he hinted that perhaps there would be fewer interest rate increases than the markets were expecting. This caused a massive rally in equities that removed bearish sentiment and gave stocks an impulsive advance that removed the weak technical outlook. However, the cherry […]

A shortened holiday week but warning signs are beginning to flash as the continued slide in oil prices signals that a slowdown in the global economy may be on the way. Below is a chart over the last two years shows that oil is giving back all its gains in a matter of weeks. Oil […]

There are no good vibes in the stock market right now. This past earnings season had several companies beat expectations but guide lower on revenue going forward which is a sign that growth is waining in the global economy. Some of the strongest stocks over the last few years have been taken to the woodshed […]